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Daily Headlines

Anacostia Rail Holdings names Jakubowski chief commercial officer

(Source: Anacostia Rail Holdings press release, March 19, 2012) CHICAGO — Anacostia Rail Holdings (www.anacostia.com) has appointed Eric T. Jakubowski chief commercial officer, a newly created position, and effective March 19, 2012. He is based in Chicago, where he...

Coors is tasteless, say Teamsters on St. Patrick’s Day

(Source: International Brotherhood of Teamsters press release, March 17, 2012) SAN FRANCISCO — More than 100 Teamsters marched in the St. Patrick’s Day parade today to raise awareness about anti-immigrant behavior, worker abuse and discrimination by DBI Beverage, the...

CSX train hits car, tow truck on tracks near D.C.

(Source: Washington Post, March 18, 2012) WASHINGTON, D.C. — Riverdale Park police arrested a D.C. man on St. Patrick’s Day, alleging that he drove his car while intoxicated onto the railroad tracks in this Prince George’s County town and got stuck. The car and a tow...

Union Pacific to make Nebraska infrastructure improvements

(Union Pacific Railroad press release, March 16, 2012) OMAHA, Neb. — Union Pacific Railroad is enhancing Nebraska's transportation infrastructure by investing $8.7 million in the rail line that runs between Sarben and Joyce. The project is in progress and is scheduled...

Crossover project aims to improve Amtrak service

(Source: Des Moines Register, March 17, 2012) DES MOINES, Iowa — Construction has begun on a $17.3 million track project aimed at increasing the reliability of Amtrak’s California Zephyr passenger trains in southern Iowa by alleviating rail traffic congestion and...

Millions embezzled from China high-speed rail program

(Source: AFP, March 19, 2012) BEIJING — Chinese auditors said Monday 491 million yuan ($78 million) of funds set aside to compensate residents when their homes were demolished to make way for a high-speed railway have been embezzled. Source: Google.com

Survey: Over 90% of CP Rail shareholders want change at railroad

(Source: Financial Post, March 18, 2012) OTTAWA — A new poll suggests as many as 91% of Canadian Pacific Railway Ltd.’s shareholders want change at the railroad, and nearly three-quarters of them support activist investor Bill Ackman’s push to replace its chief...

Railroad stocks mixed at close of March 16 trading

(Source: Associated Press, March 16, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading, including Kansas City Southern, which rose 1.6 percent, and Union Pacific, which fell 0.1 percent. Full story: CBS News

Metra reports improved on-time performance

(Source: Chicago Tribune, March 16, 2012) CHICAGO — Metra said that trains on its 11 lines were on-time 97.4 percent of the time during February 2012. Full story: Chicago Tribune

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